ADA/USDT – 4H – BUYThe pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 1.326400000 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 1.037500000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.3264 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.326400000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Line Strike – Bullish’ chart pattern is detected. The candles form ‘Three Line Strike – Bullish’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.326400000 |
| Current Price | 1.190900000 |
| Next Low | 1.037500000 |
| 2nd Low | 0.874300000 |
| 3rd Low | 0.696100000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Line Strike – Bullish